COSMETICS
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PMR: Romanian Cosmetics Market Sees Highest Growth In Region, Though Far Lower Than Expected
The Romanian cosmetics market will grow by 2.2% in 2012, the highest in the region, but much lower than the initial forecasts of over 10%.
Avon Expects Higher Sales, After Last Year's 8% Decline
Avon Romania, the largest retailer of direct sales cosmetics, has budgeted a turnover increase for this year, after last year the company’s business fell by over eight percent, almost three...
Only One Romanian Producer Makes It Among Top Ten Cosmetics Companies
Only one Romanian cosmetics business, Farmec Cluj, made it among the top then cosmetics companies on the Romanian market, which was close to EUR1 billion, last year.
Drogerie Markt To Open 14 Stores In 2012
German cosmetics and consumer goods retail network Drogerie Markt (DM), which entered Romania in 2007, plans to open 14 new stores on the local market.
Farmec Cosmetics Reach Poland And Ukraine In 2012
Cluj-based cosmetics producer Farmec wants to export to Ukraine and Poland this year, as 2011 was the year of Hungary and Moldova. Moreover, Farmec wants exports to reach 50% of its turnover...
Sarantis Expects 11% Growth In 2012
Sarantis, the owner of cosmetics producer Elmiplant, has budgeted growth of 11% compared with 2011, to 178 million lei (EUR41.5 million at an exchange rate of RON4.3 to the euro).
Head Of Avon: Instability Is Hurting Business The Most
Razvan Diratian, commercial manager of Avon for Romania and the Republic of Moldova, says 2011 was the most difficult year in recent history for Romanian business, not necessarily because of...
L’Oreal Romania: The Market Has Lost EUR100M In Last Four Years
The consumption decline and pressures from the economy led to a fall of the cosmetics and care products market from the beginning of the crisis until now, with the market losing nearly 17% o...
Coty Head: Cosmetics Sales Might Pick Up After Labor Market Revives
Coty Romania, one of the leading importers of fragrance, cosmetics and toiletries on the local market, posted a EUR12.8 million turnover in the first ten months of this year, similar to that...